NZDCHF for FX:NZDCHF by Richie242 — TradingView

NZDCHF formed an ascending triangle formation and broke the previous structure high to create a higher high. A rejection of the previous high as support may increase buying in this market to create another higher high. However, if we get a daily close back below previously broken resistance and break the previous H4 HL, shorts will come into play. This market is also showing an extreme RSI overbought condition based on the daily timeframe .